NeoGeoInfo Secures USD 20 Million Series A for Global Expansion

NeoGeoInfo is a company that helps governments and businesses understand land and cities using special mapping technology.

It gathers information with satellites, drones, and people working on the ground.

Then it uses artificial intelligence to turn that information into useful knowledge.

This helps with things like managing natural resources, preparing for disasters, and building smart cities.

The company wanted to grow and make its technology even better.

So two investor groups, Neev II Fund and Aavishkaar Capital, gave it 20 million dollars.

This kind of money is called a Series A investment.

NeoGeoInfo will use the money to build better products, hire more workers, and expand into new places.

It plans to start working in the Middle East and the Americas.